Whichever way you look at it, the real estate market is finishing strong as we wrap up 2013! According to a recent Bloomberg report, several market indicators are showing growth and gains, which is great news for home buyers and home sellers alike! Today, we’re going to share with you some of the highlights of […]
US Homes Selling Quicker and Canadian Home Sales Prices Increasing!
As real estate experts, we’re always looking for market indicators to suggest whether the market is favoring sellers or buyers. We look at a variety of factors, including average list price, median sales price and price per square footage. Another indicator we look at is the days that a home spent on the market before […]
U.S. Home Prices On the Rise in Most Cities
Great news for interested home sellers throughout the country: The price for single-family homes has increased in 88 percent of the country’s cities! That’s according to third quarter data recently discussed in a Bloomberg article. Experts are saying that the increase is directly attributed to buyers competing for limited inventories as well as a decrease […]
US Foreclosures Drop to Lowest Levels in 7 Years
Here’s another sign that the tide has turned on the national real estate market: US homes entering the foreclosure process fell to their lowest levels in 7 years during the 3rd quarter of 2013. This is tremendous news for interested home sellers because foreclosures have been pulling down median sales prices all across the country […]
3 Encouraging Signs on the US and Canadian Real Estate Markets
Home prices in both the United States and Canada have steadily been increasing over the last several months, according to recent housing market data. Evidently, CoreLogic Home Price Index recently reported that U.S. home prices have increased in nearly all major cities, and were up 12.4 percent year-over-year in August. Meanwhile, in Canada, home prices […]